Amerisafe reports Q1 adjusted EPS 60c, consensus 60c

Reports Q1 revenue $72.6M, consensus $76.78M. Reports book value per share of $13.69 vs. $15.74 last year. The company said, “Amerisafe (AMSF)”s continued top-line growth was driven by consistent new business gains and strong premium retention. Looking ahead, we see continued opportunity within our targeted high-hazard markets to generate profitable growth and deliver industry leading returns. Our ability to protect small to mid-sized businesses and support injured workers – backed by our committed employees and a strong balance sheet – remains central to our long-term strategy.”